Canadian M&A Activity Softens in First Quarter
Mergers and acquisitions (M&A) in Canada were on a downward trend in the first quarter of 2013, reported Crosbie & Company. Led by activity in the real estate sector, the Financial Post Crosbie: Mergers & Acquisitions in Canada database found 195 transactions worth $25.9 billion in this period, which is the lowest in four years. Crosbie cited "macro-economic uncertainty, the impact of low rates, as well as certain sector-specific issues” as the potential causes of "lacklustre" M&A activity.
28 May 2013•4 mins read
